£461,186
This estimated value is based upon the latest sale price for the house of £435,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 Lamsey Road, Hemel Hempstead, HP3 9HB
Phone: 01442493655
| Price Paid | Date |
|---|---|
| £435,000 | 7 Jan 2022 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in January 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £435,000 results in an estimated price of approximately £461,186.
| 7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £435,000 | £26,186 | £461,186 |
The Postcode Pricing Model uses changes in average sales price within the HP3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 19.884 % | £86,494 | £521,494 |
| 3 Month Average | -2.269 % | £-9,869 | £425,130 |
| 6 Month Average | 1.977 % | £8,599 | £443,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £564,325 | £550,000 | 31 HOBBS HILL ROAD |
| 27 Jan 2023 | £401,072 | £400,000 | 3 HOBBS HILL ROAD |
| 19 Oct 2022 | £583,053 | £585,000 | 15 GLEBE CLOSE |
| 11 Jul 2022 | £555,567 | £550,000 | 20 GLEBE CLOSE |
| 4 Feb 2022 | £496,535 | £470,000 | 3 OLIVER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glebe Close |
| May 2024 | Vehicle crime | Under investigation | On or near Wilkinson Way |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |